Kazakhstan Ministry of Finance on November 14 additionally placed 4.6 m MEOKAM-36 of 83rd issue (KZK2KY030833) on KASE at 4.02 % APR

14.11.12 16:59
/KASE, November 14, 12/ - Kazakhstan Stock Exchange (KASE) announces that the special trading session to place government mid-term treasury obligations of Kazakhstan Ministry of Finance (MEOKAM) was held in KASE trading system on November 14, 2012 on the below terms (Almaty time). ISSUE PARAMETERS: --------------------------------------- ------------------------ Security type: МЕОКАМ-36 National identification number: KZK2KY030833 Issue order number: 83 / 36 KASE trade code: MOM036_0083 Nominal value, tenge: 1,000.00 Volume of bonds in circulation, pieces: 9,166,666 Payment date: November 14, 12 First circulation date: November 7, 11 Last circulation date: December 6, 14 Maturity date: December 7, 14 Circulation term: 3 years (1,080 days) Coupon rate: 3.10 % APR Coupon payment schedule: 1 June 7, 12 2 December 7, 12 3 June 7, 13 4 December 7, 13 5 June 7, 14 6 December 7, 14 Time base: 30 / 360 --------------------------------------- ------------------------ PLACEMENT TERMS: --------------------------------------- ------------------------ Declared placement volume, pieces: 8,000,000 Trade subject: "net" price of bonds Market order acceptance ratio, %: 70 Order submission method: closed Order receipt time: 09:00-11:00 Order confirmation time: 09:00-11:30 (Т+0) Striking time: before 15:00 (Т+0) Payment time: before 15:00 (Т+0) Order acceptance method: at striking price (rate) --------------------------------------- ------------------------ BID PARAMETERS: --------------------------------------- ------------------------ Traders - primary dealers: 6 Submitted orders (all / active): 10 / 10 including: - limited: 9 - market: 1 Active orders*, m tenge: 16,907.1 including: - limited: 15,932.6 - market: 974.5 Bid to ask, %: 216.9 "Net" price on submitted orders, % (all / active): - minimum: 93.5280 - maximum: 98.2000 - weighted average: 96.0954 Yield on submitted orders, % APR (all / active): - minimum: 4.0166 - maximum: 6.5000 - weighted average: 5.1165 ---------------------------------------------------------------- * active orders - orders, not annulled by traders at the moment of order submission expiry, including those confirmed by Confirmation system members. PLACEMENT RESULTS: ---------------------------------------------------------------- Volume of accepted orders, bonds: 4,600,000 Volume of accepted orders, tenge: 4,579,389,444.44 Number of accepted orders: 3 Volume of accepted orders, % of plan: 57.5 "Net" price in accepted orders, %: 98.2000 Yield to maturity for a buyer, % APR: 4.0166 ---------------------------------------------------------------- In the general volume of active orders Kazakhstan second-tier banks (STB) accounted for 73.5, STB clients - 26.5 %. According to Central Securities Depository (Almaty) all deals on placement of MEOKAM-36 of the 83rd issue by the end of settlements on trades were executed. The entire volume of offered bonds were purchased by STB clients. Considering previous offering the full volume of МЕОКАМ-36 of 83rd issue (KZK2KY030833) made up 13,766,666 bonds to the amount of face value KZT13,766,666,000.00. MEOKAM sold by the Ministry of Finance shall automatically be admitted to circulation on the KASE secondary market under the trade code indicated in the table. At that bonds must be quoted in the KASE trading system in net prices. The text of the Rules on issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at http://www.kase.kz/files/mix/newgko.pdf The text of the Rules on placement of government treasury obligations of the Republic of Kazakhstan is available on KASE website, at http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf [2012-11-14]